Rice price today September 18, 2022: Rice price increased by 200 – 400 VND/kg this week

rice price today September 18, 2022: Rice price increased by 200 – 400 VND/kg this week. Today’s rice price in the Mekong Delta remained stable compared to yesterday. Over the past week, rice prices in the Mekong Delta have continuously increased, the market has been bustling. Over the past week, rice prices have continuously increased by 200 – 400 VND/kg in most varieties. By-product prices have also increased. The reason is that India’s move to impose a 20% tax on rice exports has pushed up domestic and international rice prices. In the world market, export rice prices have increased sharply. Currently, the price of 5% broken rice is at 400 USD/ton, 25% broken rice and 100% broken rice remain stable at 378 USD/ton and 383 USD/ton. Along with domestic rice prices, last week the export rice price also increased by 7 USD/ton for 5% broken rice. Last week, rice deliveries to markets were quite stable. In the Chinese market, rice export volume did not fluctuate much, Chinese traders purchased a lot of Long An sticky rice, the market was bustling. In the Philippine market, rice deliveries increased sharply, helping this market continue to maintain its leading position in importing Vietnamese rice. According to businesses, the increasing demand for Vietnamese rice could push up rice prices. However, currently, businesses are still delivering goods at the old price. Orders delivered at the end of the month and next month will increase in price. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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